The Bank of England cut its base rate from 4.00% to 3.75%, in line with market expectations, after pausing a quarterly rate cut since August 2024.
The Federal Reserve cut the base rate by 25 basis points to 3.50% -3.75%, the third consecutive meeting of interest rate cuts, in line with market expectations, the year has accumulated 75 basis points.
Gold brushes higher again, probability anchoring 25bp: the dollar and yield are to be reassessed, and gold is waiting for the Federal Reserve to fall.
On August 7, the Bank of England cut its policy interest rate from 4.25% to 4%, the fifth cut in this round of interest rate cuts, in line with market expectations.
6月5日讯,交易员削减了对欧洲央行未来降息的押注,并不再完全定价今年再降息25个基点的预期。货币市场对12月前进一步降息的预期一度仅为23个基点,而在欧洲央行周四利率决定之前,市场预期为32个基点。短期债券领跌,两年期德国国债收益率一度上涨7个基点,至1.87%。此前,欧洲央行行长拉加德表示,央行的降息周期已接近尾声。
The European Central Bank cut the deposit facility rate by 25 basis points to 2%, in line with market expectations, for the seventh consecutive meeting. The main refinancing rate and the marginal lending rate were cut from 2.4% and 2.65% to 2.15% and 2.4% respectively.